Ergo Science (Ergo Science) Total Inventories : $0.57 Mil (As of Sep. 2006)

View and export this data going back to . Start your Free Trial

What is Ergo Science Total Inventories?

Ergo Science's total inventories for the quarter that ended in Sep. 2006 was $0.57 Mil. Ergo Science's average total inventories from the quarter that ended in Jun. 2006 to the quarter that ended in Sep. 2006 was $0.58 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ergo Science's Net-Net Working Capital per share for the quarter that ended in Sep. 2006 was $-11,743.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ergo Science's Days Inventory for the three months ended in Sep. 2006 was 8.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ergo Science's Inventory Turnover for the quarter that ended in Sep. 2006 was 11.27.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Ergo Science's Inventory-to-Revenue for the quarter that ended in Sep. 2006 was 0.06.

Ergo Science Total Inventories Historical Data

The historical data trend for Ergo Science's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ergo Science Total Inventories Chart

Ergo Science Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Total Inventories

Get a 7-Day Free Trial

0.56

0.27

Ergo Science Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Total Inventories	Get a 7-Day Free Trial															0.45	0.27	0.25	0.59	0.57

Ergo Science Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Ergo Science (GREY:ERGN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ergo Science's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2006 is

	Net-Net Working Capital Per Share (Q: Sep. 2006 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.644	+	0.75 * 4.237	+	0.5 * 0.566	-	11.609
-	4.307	-	0)	/	0.00058
=	-11,743.53

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ergo Science's Days Inventory for the three months ended in Sep. 2006 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2006 )	/	Cost of Goods Sold (Q: Sep. 2006 )	*	Days in Period
	=	0.5795	/	6.53	*	365 / 4
	=	8.10

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ergo Science's Inventory Turnover for the quarter that ended in Sep. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2006 )	/	Average Total Inventories (Q: Sep. 2006 )
	=	6.53	/	0.5795
	=	11.27

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Ergo Science's Inventory to Revenue for the quarter that ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2006 )	/	Revenue (Q: Sep. 2006 )
	=	0.5795	/	9.311
	=	0.06

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Ergo Science Total Inventories Related Terms

Thank you for viewing the detailed overview of Ergo Science's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Ergo Science (Ergo Science) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ergo Science Corp (GREY:ERGN) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

402 Office Park Drive, Suite 260, Birmingham, AL, USA, 35223

Website

http://www.ergoscience.com

Ergo Science Corp is a United States based workforce injury prevention and treatment provider. It is focused on employee safety and employer risk reduction. The company offers physical abilities tests built from defensible, peer-reviewed research; evidence-based injury prevention and rehabilitation for diversified businesses.

Executives

Citigroup Inc	director	388 GREENWICH STREET, NEW YORK NY 10013
Iticorp	director	399 PARK AVENUE, NEW YORK NY 10043
Citicorp Banking Corp	director	ONE PENNS WAY, NEW CASTLE DE 19720
Citigroup Holdings Co	director	336 THE STRAND, LONDON ENGLAND
Court Square Capital Ltd	director	399 PARK AVE, NEW YORK NY 10043

Ergo Science (Ergo Science) Headlines

No Headlines